Fuse Science Announces Finalization of Next Capitalization Round

Fuse Science Inc.

, announced today that on February 7, 2012, it entered into a securities purchase agreement with institutional and accredited high net-worth investors pursuant to which Fuse Science will issue and sell senior convertible notes in the original principal amount of $3,169,359, convertible during their two year term at an initial conversion price of $.21 per share, series A warrants to purchase up to 15,092,190 shares of Fuse's common stock at an initial exercise price of $.26 per share for a five year period after closing and series B warrants to purchase up to 15,092,190 shares of Fuse's common stock at an initial exercise price of $.21 per share for a seven month period after closing.